Japan Tertiary Industry Index (MoM) came in at -0.4% below forecasts (-0.2%) in August

Oct 16, 2025

USD/INR falls further on hopes of US-India trade deal

The Indian Rupee (INR) extends its Wednesday’s strong recovery move against the US Dollar (USD) on Thursday. The USD/INR pair slides to near 87.80 as the Indian Rupee strengthens on hopes that the United States (US) and India will reach a trade agreement soon.

ECB’s Dolenc: Inflation risks are balanced around the baseline scenario

European Central Bank (ECB) policymaker and Slovenia's central bank acting Governor Primoz Dolenc said on Thursday that the central bank should hold interest rates steady unless new shocks hit. Dolenc pushed back on arguments that inflation could fall too low without further easing.